NEW YORK – About 4,322,300 online job postings appeared on leading Internet job boards in April, a decrease of 123,800 from March, The Conference Board reported Monday.
“Labor demand has risen to levels we last saw just before the official start of the recession four years ago,” said June Shelp, vice president at The Conference Board. “At the same time, the number of unemployed has doubled and now stands at 13.5 million (March unemployment data), and some professions have clearly fared better than others in job opportunities. At this stage, there are occupations where the supply/demand rate has fallen significantly and there are two or less unemployed for every advertised vacancy. However, other occupations are still experiencing relatively high supply/demand rates above 4.0, reflecting the fact that there are over four unemployed for every advertised vacancy."
The Supply/Demand rate for the U.S. in March (the latest month for which unemployment numbers are available) stands at 3.05, indicating that there are just over three unemployed workers for every online advertised vacancy. Nationally, there are 9.1 million more unemployed workers than advertised vacancies.
